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South Bow says revenue during the third quarter reached $461 million, down from $534 million during the same period a year earlier. 

The company had an average throughput of 584,000 barrels per day on its Keystone pipeline during the period and 703,000 barrels per day on the U.S. Gulf Coast segment of the Keystone Pipeline System.

On April 8, the company had an oil spill on its Keystone pipeline near Fort Ransom, N.D., that forced it to shut down the line for a week.

In its latest earnings, South Bow says it estimates the cost of the incident at around US$55 million, which it expects to largely recover through its insurance policies by early next year. 

This report by ºÃÉ«tvwas first published Nov. 13, 2025.

Companies in this story: (TSX:SOBO)